Академический Документы
Профессиональный Документы
Культура Документы
Any attempt to share your access to our website or forwarding your copy to a
non-subscriber will disqualify your membership and we will be compelled to stop your supply and forfeit your subscription thereafter without any refund to you.
T I M E S
A TIME COMMUNICATIONS PUBLICATION
VOL XXVII No.50 Monday, 15 - 21 October 2018 Pgs.21 Rs.20
BAZAR.COM
Weekly Up
Scrip Last Relative
S1 S2 - R1- R2- Reversal Trend
Close Strength
Value Date
Weak Demand Demand Supply Supply
below point point point point
MERCK 3019.3 2583 2723 2879 3175 3627 53.7 2819.3 12-10-18
INFO EDGE (INDIA) 1485.85 1366.7 1393.3 1459.2 1551.7 1710 52.3 1467.5 12-10-18
ATUL 3220.7 2920 3014.3 3126.7 3333.3 3652.3 51.2 3148.5 12-10-18
J.K.PAPER 159.65 142.1 145.3 156.4 170.8 196.2 51 154.7 12-10-18
ICICI BANK 318.8 298.5 303.5 313.8 329 354.5 50.5 312.1 12-10-18
*Note: Up and Down Trend are based of set of moving averages as reference point to define a trend. Close below
averages is defined as down trend. Close above averages is defined as up trend. Volatility (Up/Down) within Down
Trend can happen/ Volatility (Up/Down) within Up Trend can happen. Relative Strength (RS) is statistical
indicator. Weekly Reversal is the value of the average.
Weekly Down
Scrip Last Relative
S1 S2 - R1- R2- Reversal Trend
Close Strength
Value Date
Demand Demand Supply Supply Strong
point point point point above
ANDHRA BANK 26.15 24 25.5 26.4 27 27.2 30.82 27.48 07-09-18
TATA MOTOR DVR 101.15 65.5 90.7 105.5 115.9 120.2 21.07 116.74 21-09-18
REPCO HOME FINANCE 376.65 301.4 353.7 383.2 406.1 412.6 21.84 417.19 17-08-18
TIMKEN INDIA 555 504.3 539.6 559.4 574.8 579.2 23.46 583.9 10-08-18
PRESTIGE ESTATES PROJ. 177.8 106.2 156.4 185.2 206.6 214 24.1 202.39 13-07-18
BIRLA CORPORATION 563.3 419.3 516.7 567.6 614.2 618.5 24.22 623.82 31-08-18
*Note: Up and Down Trend are based of set of moving averages as reference point to define a trend. Close below
averages is defined as down trend. Close above averages is defined as up trend. Volatility (Up/Down) within Down
Trend can happen/ Volatility (Up/Down) within Up Trend can happen.
EXIT LIST
Note: R1- (Resistance), R2- (Resistance), R3- Resistance, S1- Support & SA- Strong Above
Scrip Last Close R1 R2 R3 SA S1 Monthly RS
- - - - - - - -
PUNTER PICKS
Note: Positional trade and exit at stop loss or target whichever is earlier. Not an intra-day trade. A delivery based trade for a possible time frame
of 1-7 trading days. Exit at first target or above.
Note: SA-Strong Above, DP-Demand Point, SP- Supply Point, SA- Strong Above, RS- Strength
Weak RS-
Scrip BSE Code Last Close Demand Point Trigger Supply point Supply point
below Strength
- - - - - - - - -
TOWER TALK
Lupin is set to launch its generic Potassium Chloride Oral Solution. A positive for the company. Buy.
With Chanda Kochhar stepping down, the growth path for ICICI Bank is wide open. An attractive buy.
Mahindra & Mahindra has entered the retail leasing market and expects this business to contribute 5-7% to
accrued sales. Buy.
State Bank of India has raised the target for loan portfolio purchase from NBFCs. The investment will infuse the
much needed liquidity into the market. Buy.
Indiabulls Housing Finance has hiked its home loan rates and has posted excellent results for Q2 with an interim
dividend of Rs.10. Also, the management has guided a 20% growth this year. The stock is a potential bonus
candidate as well. Buy.
Kerala Ayurveda has collaborated with Sanghvi Brands Ltd to develop Ayurveda wellness resorts. The stock is
available at 50% discount to its 52-week high. Buy.
Garden Reach Shipbuilders & Engineers, which had a subdued listing on the bourses, is reportedly doing well.
The current scenario offers a good opportunity to buy if you missed it.
L&T Finance Holdings has clarified that it does not have any exposure to IL&FS bills of exchange and therefore is in
a safe zone. Accumulate.
Maruti Suzuki India, which recently flagged off about 50 electric vehicles for field test, merits a buy.
PI Industries has a strong order book and sustained capex plans for the next few years. It may grow at ~20% CAGR
over the next two years. Buy.
FMGC major, ITC, is trading around 16% below its intrinsic worth. Buy.
The Canfin Homes counter has witnessed heavy volumes and the stock is likely to make a new high soon. Buy.
Relaxo Footwears expects a 25% growth in volumes with a turnover of ~Rs.2500 crore sales this year. It also
intends to add about 50 standalone outlets. Buy for the long-term.
HCL Technologies plans to invest ~Rs.750 crore to set up two facilities in Andhra Pradesh, which will create about
7,500 jobs over the next ten years. Buy.
The truce between the promoters of Yes Bank will definitely benefit the bank in many ways. Buy immediately.
Zee Entertainment Enterprises, which reported 24% higher revenues during Q2FY19, is expected to fare well this
year. Buy.
Axis Bank, which has an efficient workforce, shows signs of a breakout. An excellent buy.
HEG and Graphite India have started rising again after Bank of America Merrill Lynch initiated a heavy coverage.
The prospects of both companies are slated to improve significantly. A big buy.
Dilip Buildcon has received a huge order worth ~Rs.1000 crore from Coal India. The management is eyeing around
30% CAGR over the next two years. Buy.
Timken India has turned attractive on amalgamation plans of ABC Bearings. The stock has the potential to rise
~30% within a year. Buy.
BEST BET
STOCK WATCH
By Amit Kumar Gupta
STOCK SCAN
STOCK PICKS
By Kushal Lakhani
MARKET REVIEW
EXPERT EYE
By Vihari
MARKET OUTLOOK
Amal Ltd
(BSE Code: 506597) (CMP: Rs.147.45) (FV: Rs.10)
Amal Ltd was promoted by the Piramal group in 1974-75 and its controlling interest was sold to Atul Ltd of the Lalbhai
group in 1985-86. The Lalbhai group is a leading industrial group which comprises companies like Atul Ltd and Arvind
Ltd. Amal Ltd manufactures and markets bulk chemicals such as Sulphuric Acid, Oleum and their downstream products
such as Sulphur Dioxide and Sulphur Trioxide. These chemicals are predominantly used by the Chemical and Dyestuff
industries. Its plant is located at Ankleshwar in Gujarat.
Amal Ltd has an equity capital of just Rs.9.43 crore. The promoters hold 65.51% of the equity capital, which leaves
34.49% stake with the investing public.
Amal Ltd posted strong operational numbers for Q2FY19 Financial Performance: (Rs. in crore)
with 10% higher PBT at Rs.3.5 crore v/s Rs.3.17 crore in Particulars Q2FY19 Q2FY18 H1FY19 H1FY18 FY18
Q2FY18. It paid Rs.0.97 crore tax against nil in the
Sales 9.19 7.98 18.45 14.41 32.32
previous corresponding quarter and therefore, PAT
PBT 3.5 3.17 7.51 4.56 9.7
declined to Rs.2.54 crore. Its sales were 15% higher at
Rs.9.19 crore. During H1FY19, PBT jumped 65% to Tax 0.97 - 2.01 - -
Rs.7.51 crore and it paid Rs.2.01 crore tax against nil in PAT 2.54 3.17 5.5 4.56 9.7
the previous corresponding period. EPS (Rs.) 2.69 3.36 5.83 4.84 10.3
In spite of the tax payment, PAT jumped 21% to Rs.5.5 crore on 28% sales of Rs.18.45 crore fetching an EPS of Rs.5.83.
Currently, the stock trades at a P/E of 13.06x, which is the cheapest in the chemicals sector. Atul Ltd trades at around
Rs.3220.70 while Amal Ltd is available at 35% discount to its 52-week high of Rs.226 recorded in November 2017.
Based on its financial parameters, the stock looks quite attractive at the current level. Investors can buy this stock with a
stop loss of Rs.125. On the upper side, it could zoom to Rs.190-200 in the medium-to-long term.
Happy reading & happier money making as Mid-cap Twins enters its third year!
Attractively priced at Rs.2000 per month, Rs.11000 half yearly and Rs.20,000 annually,
‘Mid-cap Twins’ will be available both as print edition or online delivery.
Editorial & Business Office: Goa Mansion (Gr. Floor), 58 Dr. S.B. Path (Goa St.), Near GPO, Fort, Mumbai – 400 001.
Phone: 022-2265 4805, 2261 6970.
Editor & Publisher: R.N. GUPTA
Asst. Editor & Associate Publisher: NEHAR SAKARIA
CHENNAI: T.A.S. Venkatasubba Rao (Phone: 044-24917241, Mobile: 9444024664)
JAIPUR: Satram Das (Phone: 0141-2636341)
DELHI: P. K. Vasudevan (Mobile: 9810513247)
All rights reserved. No portion of this publication may be copied or reproduced without the written permission of the publisher.
Any infringement of this condition will be liable to prosecution.
Printed & Published by R.N. Gupta for the proprietors Time Communications (India) Ltd. and printed by him at Inquilab Offset Printers Ltd. 156,
DJ Dadajee Road, Tardeo, Mumbai - 400072. Registration No.: 63312/91, Post Regn. No. MCS/006/2015-17
Disclaimer: Investment recommendations made in Money Times are for information purposes only and derived from sources that are deemed to
be reliable but their accuracy and completeness are not guaranteed. Money Times or the analyst/writer does not accept any lia bility for the use of
this column for the buying or selling of securities. Readers of this column who buy or sell securities based on the information in this column are
solely responsible for their actions. The author, his company or his acquaintances may/may not have positions in the above mentioned scrip.
City: Pin:
Tel No Mob
Email:
Are you a Investor, Trader, Broker/Sub-Broker, Investment Advisor, Banker